Siam Cement’s ASEAN expansion

Siam Cement CFO, Chaovalit Ekabut, tells CT about the company's plans in Myanmar and tiered financial nature of ASEAN countries.

By Daniel Flatt

Sep 5, 2014

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Thailand's second largest company, Siam Cement Group (SCG), announced in July its plans to invest $400 million to build a plant in Myanmar’s Mawlamyine, 300 kilometers southeast of Yangon. The news comes only three months after it told the market it will invest $370 million in a plant in Laos expected to be operational in 2017.

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